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Ontario Providing Funding for Infrastructure in Peterborough Area

Province Creating Jobs, Building Up Critical Infrastructure in Small, Rural and Northern Communities

NEWS

 April 8, 2016

 

Ontario is providing The Township of Havelock Belmont-Methuen, The Township of Asphodel-Norwood and the City of Peterborough with funding through the Ontario Community Infrastructure Fund– three of 59 approved projects across the province that will receive new funding.

 

Through the Ontario Community Infrastructure Fund the Township of Havelock-Belmont-Methuen will receive $210,643 to remove the Keating Road Bridge.

 

The Township of Asphodel-Norwood will receive $720,800 to replace the water main, sanitary and storm sewers, as well as road and sidewalk infrastructure along Flora Street, and includes curb installation and additional fire hydrant installation.

 

The City of Peterborough will receive $2,000,000 for the Bears Creek Flood Reduction - Marina Boulevard Major System By-Pass project. The project is for the installation of a high-capacity relief sewer along Marina Boulevard from Hilliard Street to Bears Creek, and includes the installation of a high-capacity inlet at the Hilliard Street and Marina Boulevard intersection, redefinition of overland flow routes with proper curbing and improvements to inlet debris racks at two culverts, modification to the road profile as well as the sealing of the sanitary sewer system, and road rehabilitation. 

 

The province is also providing small, rural and northern municipalities with expanded access to predictable, stable, annual funding to build and repair roads, bridges, water and wastewater infrastructure. As announced in the 2016 Ontario Budget, funding for the Ontario Community Infrastructure Fund will triple from $100 million to $300 million per year by 2018-19, which will include $200 million in predictable, formula-based funding and $100 million in application-based funding. This will allow smaller municipalities to apply for investments in critical infrastructure projects to create jobs and support local economic growth.

 

Ontario is making the largest investment in public infrastructure in the province’s history — about $160 billion over 12 years, which is supporting 110,000 jobs every year across the province, with projects such as roads, bridges, transit systems, schools and hospitals.

 

Expanding and improving infrastructure for Ontario’s small, rural and northern municipalities is part of the government’s economic plan to build Ontario up and deliver on its number-one priority to grow the economy and create jobs. The four-part plan includes investing in talent and skills, including helping more people get and create the jobs of the future by expanding access to high-quality college and university education.

 

QUOTES

 

 “By expanding the Ontario Community Infrastructure Fund from $100 million to $300 million, our government is showing municipalities across Ontario that we’re committed to working with them to address the critical infrastructure they need in their communities through predictable, stable funding. The province is laying the foundation for sustainable economic development, creating jobs and new economic opportunities in rural and northern communities across Ontario.”

Jeff Leal, Minister of Agriculture, Food and Rural Affairs

 

“By continuing to partner with municipalities across Ontario, we’re providing stable funding to help small, rural and northern communities undertake critical infrastructure projects that will boost their economies, create jobs, and allow them to implement their asset management plans.”

Brad Duguid, Minister of Economic Development, Employment and Infrastructure

 

"This is yet another example of the City of Peterborough and the Ontario government working together to address critical infrastructure needs in our community and to provide relief for property taxpayers. The $3.5-million Bears Creek Flood Reduction Project will reduce the potential of flooding for residents and businesses in that area of the city, protecting property and encouraging economic activity."

-Daryl Bennett, Mayor City of Peterborough

 

“The Township of Havelock-Belmont-Methuen is grateful for the funding under the Ontario Community Infrastructure Fund for the removal of the Keating Road Bridge.  The Township values the partnership we have with the Provincial Government to help us meet our critical infrastructure needs.” 

- Ron Gerow, Mayor Township of Havelock-Belmont-Methuen

 

The commitment of the provincial government to the infrastructure in small, rural municipalities has been evident through the Ontario Community Infrastructure Fund.  The Township of Asphodel-Norwood appreciates that the province has identified our infrastructure needs and has created an action plan to address them.  The reconstruction of Flora Street in 2017 is another great example of provincial and municipal governments working together to build strong and sustainable communities. 

-Mayor Low – Township of Asphodel-Norwood

 

QUICK FACTS

 

  • Currently, 50 per cent of the Ontario Community Infrastructure Fund is allocated annually using a fair and transparent formula, which recognizes that municipalities have different infrastructure and fiscal needs. The remaining 50 per cent is available through an application-based process, allowing municipalities to continue partnering with the province to invest in critical infrastructure projects.
  • To date, 137 critical infrastructure projects have been approved through the OCIF’s application-based component for a total investment of $174 million. In addition, 425 communities have received formula-based grants for a total provincial investment of $50 million per year.
  • The new changes to the Ontario Community Infrastructure Fund reflect consultation feedback from municipal leaders from across Ontario about improvements to the program.

 

LEARN MORE

 

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